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Aecon announces closing of the over-allotment option associated with its recently completed public offering of convertible debentures

Dec 2, 2014

Toronto, Ontario – December 2, 2013: Aecon Group Inc. (“Aecon” or the “Company”) (TSX: ARE) today announced that it has successfully closed the issuance of an additional $22.5 million aggregate principal amount of 5.50% convertible unsecured subordinated debentures due December 31, 2018 (the “Debentures”) pursuant to the full exercise of the over-allotment option granted to the syndicate of underwriters led by TD Securities Inc. and GMP Securities L.P. in connection with the Company’s recent public offering of $150 million aggregate principal amount of Debentures that closed on November 27, 2013, bringing the total aggregate gross proceeds from the offering to $172.5 million.

The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.



Aecon Group Inc. is a Canadian leader in construction and infrastructure development providing integrated turnkey services to private and public sector clients. Aecon is pleased to be consistently recognized as one of the Best Employers in Canada.